Personal loans can do more than just clear old debt — they can be tools for growth and financial flexibility if used wisely.
Debt is a heavy burden, both emotionally and financially. It can limit your ability to save, invest, and achieve your long-term goals. Fortunately, there are several effective strategies you can employ to reduce your debt and regain control of your finances.
The group has resolved debts through monetisation and termination/settlement of payments by its group entities from the concessioning authorities and counter-party to the relevant contract.
A spokesman of the Sri Lanka Air Force (SLAF) said a video released by Ajith Dharmapala, a former police officer, claimed that President Rajapaksa was staying at the house belonging to Pathirana.
Two of the prospective on-sale projects are already operative while two are under construction
Pre-approved loan offers have their benefits such as swift approval in case you are in need of funds, but one should exercise caution while availing them.
Staffing firm Quess Corp will hit capital markets on June 29 to raise Rs 400 crore through an initial public offering
The company undertook a strategic divestment during the quarter under review and the proceeds from the sale were used for debt repayment, which in turn helped in reducing financing cost, says Ashok Goel of Essel Propack
Amtek Auto down 28 percent on the back of concerns of debt repayment issues. CNBC-TV18 learns that there may be some relief in store for the company. Ritu Singh has the details.
Rajesh Subramaniam, MD & CEO, Firstsource speaks on the company's debt repayment plans.
Neeraj Kanwar of Apollo Tyres told CNBC-TV18 that he expected the deal with Cooper Tire to be completed by October 2013. He said that part of the company's debt would be repaid by cash flows from Apollo India.
In an interview to CNBC-TV18, Harsh Roongta of apnapaisa.com explained why repayment of debt is more important for a salaried professional than making fresh investments.
Suzlon Energy shares tumbled to a record low of Rs 16.10 on NSE on Tuesday, after the wind turbine maker reported a huge loss of Rs 849 crore in the first quarter, much higher than the Rs 300 crore loss in Jan-March and profit of Rs 60 crore in the year ago quarter.